Royal Caribbean Cruises Ltd. (NYSE:RCL) Q2 2024 Earnings Conference Call July 25, 2024 10:00 AM ET Company Participants Michael McCarthy - Vice President, Investor Relations Jason Liberty - Chief Executive Officer Naftali Holtz - Chief Financial Officer Michael Bayley - President & Chief Executive Officer, Royal Caribbean International Conference Call Participants Steven Wieczynski - Stifel Brandt Montour - Barclays Vince Ciepiel - Cleveland Research Matt Boss - JPMorgan Conor Cunningham - Melius Research R ...

About this content Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The Canberra Times, an ...

Royal Caribbean (RCL) came out with quarterly earnings of $3.21 per share, beating the Zacks Consensus Estimate of $2.77 per share. This compares to earnings of $1.82 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 15.88%. A quarter ago, it was expected that this cruise operator would post earnings of $1.31 per share when it actually produced earnings of $1.77, delivering a surprise of 35.11%. Over the last four quarters, the ...

Exhibit 99.1 ROYAL CARIBBEAN GROUP REPORTS SECOND QUARTER RESULTS, INCREASES FULL YEAR GUIDANCE, AND REINSTATES DIVIDEND Strong demand and favorable timing of expenses drive second quarter above expectations Trifecta goals achieved 18 months early Adjusted EPS in 2024 is now expected to be $11.35 - $11.45 Declared a quarterly dividend of $0.40 per share MIAMI – July 25, 2024 – Royal Caribbean Group (NYSE: RCL) today reported second quarter Earnings per Share ("EPS") of $3.11 and Adjusted EPS of $3.21. These ...

Strong demand and favorable timing of expenses drive second quarter above expectations Adjusted EPS in 2024 is now expected to be $11.35 - $11.45 MIAMI, July 25, 2024 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today reported second quarter Earnings per Share ("EPS") of $3.11 and Adjusted EPS of $3.21. These results were better than the company's guidance due to stronger pricing on close-in demand and continued strength in onboard revenue, as well as favorable timing of expenses of approximately $0.15 ...

Royal Caribbean will step up with its second-quarter results on Thursday morning. There's a lot riding on the fresh financials, but the cruise line with a fleet of 68 ships across a couple of different banners has more than just momentum on its side. Demand has never been stronger for Royal Caribbean and its peers Carnival (CCL -1.52%) (CUK -1.88%) and Norwegian Cruise Line (NCLH -1.85%). The tailwinds are there. Let's size up Royal Caribbean's prospects heading into its quarterly update and see where the p ...

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Shares of Royal Caribbean have rallied 30% in the year-to-date period compared with the Zacks Leisure and Recreation Services industry's rise of 4.7%. Despite disruptions at Eastern Mediterranean sailings, the stock outperformed its peers, including Carnival Corporation & plc (CCL) , Norwegian Cruise Line Holdings Ltd. (NCLH) and OneSpaWorld Holdings Limited (OSW) . Image Source: Zacks Investment Research From a valuation perspective, RCL is trading relatively cheap. The company has a forward 12-month price ...

Cruise ship operator Royal Caribbean Cruises (RCL 2.50%) has been having a breakout year. The company has more than fully recovered from the pandemic lockdowns, and its stock has recently reached all-time highs. With such large stock price gains in a few years, it's fair to wonder whether there's still time to get in on this bull run. Perhaps most importantly, Royal Caribbean refinanced its $3 billion revolving credit facility and $500 million term loans into a new $3.5 billion multiyear credit facility. Th ...

On April 25, Royal Caribbean (RCL 2.50%) CEO Jason Liberty told investors that the cruise line company was already allowing people to book their cruises for 2026. The statement was simple enough. But it's unusual nevertheless. Strong demand and bookings two years in advance is an overwhelmingly good thing. But there is risk that most investors likely haven't thought of. The good news for Royal Caribbean investors is that they can have reasonable confidence in the business for the next one to two years due t ...